Oct 2, 2012 10:00am PDT
are ineffectual policies like the president's healthcare law and stimulus packages, but the cost of those policies as compared to romney's own perscriptions that call for smaller less expensive government. for the president what he's going to try to do is say look, maybe things aren't so great but it is partly the fault of george w. bush and the republicans who were in office prior to the democrats taking control in 2009, so we need time to fix it, and by the way, the president will also say that he wants to increase taxes on people like mitt romney to help pay down some of that debt. >> reporter: we just put of that graphic there showing the $16 trillion of debt and there are so many digits it almost doesn't fit on the tv screen across the screen there, as you can see. but haven't americans in some way become number to astronomical numbers? how serious is this in. >> they have become number. is it the new normal this massive spilling of red ink but it raises three problems which i don't think the nation has got even to grips with yet. number one our economy is smaller than our debt. we look like
Oct 5, 2012 10:00am PDT
on mitt romney over immediate care are d not work. and romney's attacks on the 2010 health law may be effective. megyn: anything can happen. anything can happen. but the point is, so many people i talked about mitt romney having a momentum problem and he took some hits from that 47% tape and otherwise. and the debate really seems to have helped him at least the short-term glance would suggest that, chris. >> reporter: it's true. and i should point out i read doug's book and it's a lot of fun. you should check it out. megyn: i know that true. i wouldn't recommend it if i didn't believe tonight. it's riveting reading. a ton of fun. thanks, chris. >> reporter: you bet. megyn: the other big story is a big jobs report that is bringing with it some good news and bad news and then of course some confusion. the economy added 114,000 jobs last month. that's short of where hiring should be. it should be 160,000, 170,000 a month. but the unemployment rate fell to 7.8%. while that official rate went down there are still some 23 million americans who remain either unemployed or under employed.